A $2T Infrastructure Rehaul Just Got Real
Among other things, Biden’s transportation policy includes a $2-trillion infrastructure plan that even Republicans will like.
It aims to reimagine the entire transportation sector based on new technology and new sources of energy. That is set to include expanded EV purchase incentives to get more people driving them, and a 500,000-strong EV charging network by 2030.
For Facedrive, this is a huge opportunity.
First, Facedrive’s acquisition of Steer in September 2020 couldn’t have come at a better time.
The acquisition was high-profile because Steer was owned by energy giant
Exelon (NASDAQ:EXC), and the deal included a $2-million strategic investment by energy giant Exelon’s wholly-owned subsidiary, Exelorate Enterprises, LLC.
New York, NY – January 21, 2021 – The world’s first trillionaire will be a green-tech entrepreneur. New York Times veteran tech journalist Kara Swisher boldly declared this a year ago–right before the outbreak of a pandemic that would hasten our transition to clean energy … and that would exponentially increase the mountains of money piling into stocks that are in any way tied to a cleaner, better future. Mentioned in today’s commentary includes:
Fisker Inc. (NYSE: FSR),
XPeng Inc. (NYSE: XPEV),
Workhorse Group Inc. (NASDAQ: WKHS).
Governments the world over are pushing a green industrial revolution … and even giant oil traders are scrambling to pour billions of dollars into renewables in what the